Tarquinh:
you will always need high quality speakers and high quality amplifiers,this won't change, the changes are in the cable market and CD playermarket, people still love vinyl, tubes etc.
ÿ
Yes, but amplifiers will be combined with a DAC and wireless into the speakers. Separates as we know them are a dying breed.
As Chebby (I think) said it's going to take a long, long time until HDD based music will begin to have any dominance in the hifi market. When the manufacturers see that CD player sales are falling (not related to the economy) they will listen, but I think on the whole it's a very stagnant industry. There are a few firms that take the baton but hardly any of them are 'traditional' manufacturers or they charge us an arm and a leg for providing us with badged boxes of technology we could do without for a fraction of the price.
One step at a time but we'll get there. Viva la revolucion, for none of them travel backwards.ÿ